Missouri Lawmakers Battle Over Proposed Tax Cuts
The usual suspects want the money to flow
KANSAS CITY — Round Two.
Politically speaking, that's what the upcoming veto session is starting to look after Gov. Jay Nixon vetoed a tax reform bill last week, causing Republicans to scramble in advance of that September meeting to come up with enough votes to override the governor's pen.
Republicans want your state income tax bill lowered over the next several years. Democrats want to count on a steady income tax revenue stream by keeping the rate where it is now.
GOP lawmakers think the bill, which calls for phased-in personal income tax reductions and greater business exemptions, is what the state needs to spur economic growth.